CORPORATE GOVERNANCE The table below summarizes the free share allotments carried out during the financial year ended December 31, 2017: PLAN REXEL 2017 3+2 REXEL 2017 4+0 Shareholders’ Meeting May 25, 2016 Board of Directors May 23, 2017 Number of beneficiaries 187 476 Initial number of free shares allocated 643,200 1,230,775 Corporate officers • Patrick Berard 100,000 – Ten first employees(1) 259 000 Date of final vesting May 23, 2020 May 23, 2021 Date of transferability of shares May 24, 2022 May 24, 2021 Number of canceled or expired shares:(2) 26,200 49,675 Number of vested shares at December 31, 2017 – – 3 Number of valid shares at December 31, 2017 617,000 1,181,100 (1)Given the number of shares allocated to employees, the ten first allocations have been indicated. (2) Condition of presence not met or condition of performance not achieved. The Board of Directors has allocated the following shares to the corporate officers and top ten employees of Rexel during the financial year ended December 31, 2017: NUMBER VALUE OF TRANSFERABILITY BENEFICIARIES PLAN NAME OF SHARES ALLOCATED SHARES(1) VESTING DATE DATE CONDITIONS(2) CORPORATE OFFICERS Patrick Berard Rexel 3+2 2017 100,000 €1,275,000 May 23, 2020 May 24, 2022 (2) TEN TOP EMPLOYEES Employee #1 Rexel 4+0 2017 40,000 €493,600 May 23, 2021 May 24, 2021 (2) Employee #2 Rexel 3+2 2017 35,000 €446,250 May 23, 2020 May 24, 2022 (2) Employee #3 Rexel 4+0 2017 30,000 €370,200 May 23, 2021 May 24, 2021 (2) Employee #4 Rexel 4+0 2017 25,000 €308,500 May 23, 2021 May 24, 2021 (2) Employee #5 Rexel 4+0 2017 25,000 €308,500 May 23, 2021 May 24, 2021 (2) Employee #6 Rexel 4+0 2017 25,000 €308,500 May 23, 2021 May 24, 2021 (2) Employee #7 Rexel 3+2 2017 25,000 €318,750 May 23, 2020 May 24, 2022 (2) Employee #8 Rexel 3+2 2017 25,000 €318,750 May 23, 2020 May 24, 2022 (2) Employee #9 Rexel 4+0 2017 14,500 €178,930 May 23, 2021 May 24, 2021 (2) Employee #10 Rexel 4+0 2017 14,500 €178,930 May 23, 2021 May 24, 2021 (2) (1)The value of the allocated shares is based on the fair values €12.75 and €12.34 respectively for the 3+2 and 4+0 plans. (2) Please see table summarizing the performance criteria set for the 2017 plans. Free shares al located and not yet del ivered at IFRS 2, prior to the impact of the spreading of the December 31, 2017, may result in the creation of expense over the vesting period (see note 18.1 of 1,798,100 new shares and a dilution of 0.59%. the Notes to the consolidated financial statements The valuation of the shares corresponds to the value of the Rexel Group for the financial year ended recorded in connection with the implementation of December 31, 2017). REXEL 2017 – REGISTRATION DOCUMENT 143